Estimating the objectives of a public firm in a natural resource industry

1989 ◽  
Vol 16 (3) ◽  
pp. 268-287 ◽  
Author(s):  
Murray Fulton ◽  
Larry Karp
Keyword(s):  
Natural Resource ◽  
Resource Industry ◽  
Public Firm

The Influence of Tax Costs on Organizational Choice in the Natural Resource Industry

2000 ◽  
Vol 22 (1) ◽  
pp. 38-55 ◽  
Author(s):  
Thomas C. Omer ◽  
George A. Plesko ◽  
Marjorie K. Shelley
Keyword(s):  
Natural Resource ◽  
Organizational Form ◽  
Economic Conditions ◽  
Tax Rates ◽  
Firm Characteristics ◽  
Resource Industry ◽  
Organizational Choice ◽  
Marginal Tax Rates ◽  
Tax Costs

This study investigates the influence of TRA86, pre-TRA86 tax strategies, and firm characteristics on S conversions in the natural resource industry. TRA86 shifted substantial individual tax costs to corporations, inviting conversions, but also lowered corporate marginal tax rates and changed aspects of the built-in gain provision to reduce conversion benefits. Built-in gain changes affect industries differently because of differences in asset composition and economic conditions. The natural resource industry had substantial built-in gain potential and was consolidating and restructuring during the mid-80s, making built-in gain realization likely. Our results suggest that built-in gains negatively influenced conversions in the natural resource industry. This study enhances our understanding of the interaction between TRA86 rate changes and other provisions on incentives to convert from C to S corporate status. It also contributes to the organizational form literature by identifying factors related to TRA86, S corporation operating restrictions, firm characteristics, and tax strategies that influence conversion decisions.

scholarly journals Speaking with Policymakers About Current Issues

EDIS ◽  
2013 ◽  
Vol 2013 (7) ◽  
Author(s):  
Alexa J. Lamm
Keyword(s):  
Natural Resource ◽  
Agricultural Education ◽  
National Level ◽  
Local State ◽  
Limited Time ◽  
Easy Task ◽  
Fact Sheet ◽  
Resource Industry ◽  
The Right ◽  
Industry Professionals

The future of the agricultural and natural resource industry requires that educators, industry professionals, and policymakers work together when addressing contentious issues. However, discussing contentious issues with policymakers at the local, state, and national level is not always an easy task. Policymakers in general are busy people with many issues competing for their limited time. Once in the door, it is important to deliver strong messages in the right way for the policymaker to listen and use your information when making important decisions. This 2-page fact sheet discusses the differences between education and persuasion and when to use each, offers information on how to make presentations that will get their attention, and identifies things to avoid when visiting with a policymaker. Written by Alexa J. Lamm and published by the UF Department of Agricultural Education and Communication, August 2013. http://edis.ifas.ufl.edu/wc152

scholarly journals Production Payments

1969 ◽  
pp. 87
Author(s):  
Neil J. Stewart
Keyword(s):  
United States ◽  
Natural Resource ◽  
Income Tax ◽  
The United States ◽  
Tax Incentive ◽  
Resource Industry

Because of the uncertainties and risks associated with natural resource production, special incentives for such production may be provided in taxation law. In Canada and the United States special Income Tax provisions allow for the use of the Production Payment - the sale in advance to a right of production - as such a tax incentive. The writer deals with two types of Production Payment, the Retained payment, and the Carved-Out payment. He sets out the essential features of both and outlines the position of the Tax Courts regarding each. The differences between such payments and normal royalties, and the position of Depletion are discussed. It is concluded that carefully planned production payments remain a useful device for natural resource industry financing.

A Theoretical Framework on the Resource Industry: From the Value of Resource in Economy

2014 ◽  
Vol 672-674 ◽  
pp. 2059-2064
Author(s):  
Meng Xia Zeng ◽  
Min Xue Gao
Keyword(s):  
Natural Resource ◽  
Theoretical Study ◽  
Empirical Studies ◽  
Resource Curse ◽  
Theoretical Framework ◽  
Analysis And Evaluation ◽  
Starting Point ◽  
Resource Industry ◽  
Attributive Adjective ◽  
The Relationship

For researches on the relation between natural resource and economy, the concept of (natural) resource industry is a crucial element. However there is scarcely any theoretical study on the connotation and denotation of resource industry. We hold that the characteristics of resource industry stem from its attributive adjective – (natural) resource, which should be deeply analyzed in order to learn the appropriate meaning of resource industry. On this account, we focus on the theoretical framework of resource industry, by taking the concept of natural resource value as a starting point, and then presenting two definitions of resource industry to meet the different requirements of relative researches. This paper would lay the foundations for the analysis and evaluation of resource industry economy, and establish a more explicit perspective for the empirical studies of the relationship between resource and economy, such as the validation of Natural Resource Curse Hypothesis.

Operations research in the natural resource industry

2011 ◽  
Vol 19 (1-2) ◽  
pp. 39-62 ◽  
Author(s):  
T. Bjørndal ◽  
I. Herrero ◽  
A. Newman ◽  
C. Romero ◽  
A. Weintraub
Keyword(s):  
Natural Resource ◽  
Operations Research ◽  
Resource Industry
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